Federal cannabis opponents and the Justice Department proposed a timetable for a major rescheduling lawsuit, while the Netherlands’ sole medical cannabis supplier entered bankruptcy. Netflix is also reportedly preparing its largest workforce reduction since 2022.
Tag: Marijuana Rescheduling
Cannabis Operators Confront Federal Uncertainty and Financial Pressure
State regulators are pressing the DEA for clearer rescheduling guidance, Los Angeles has postponed tax-related licensing restrictions, and Trulieve has paid down $65 million in mortgage debt.
Federal Cannabis Review Stalls as Rove Goes Global and California Tightens AI Rules
A procedural stay adds uncertainty to federal cannabis reform, a California-born vape brand enters Canada, and new state laws establish workplace safeguards for artificial intelligence.
Alabama Clears Cannabis Shift as TerrAscend Battles Tax Clawback
Alabama removed a state-level obstacle to federal marijuana rescheduling, while TerrAscend challenged the government’s effort to recover an $8.36 million tax refund. In Los Angeles, new restitution laws are being tested through lawsuits involving artworks held by the Norton Simon Museum and the Auschwitz Memorial.
